You ask 5 knowledgeable people this question and you will not get the same answer from all 5.
Here is a link to a Canon Forum in which your question is asked and answered.
Be sure to read all of the items in the thread.
When looking for a camera I see all these different file formats. What is the difference between .raw and .jpeg and how does this effect camera performance? Can you edit .raw files the same as .jpeg files and can print shops print them?